The Greedy Trader Weekly Analysis
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- 5/22/2026 -
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Euro Currency Trust (FXE) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldA Parabolic SAR indicator is below and near the pricePrice is close to the 50 Day Moving Average
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It was the negative week for the Euro Currency Trust (FXE). During the week, the FXE gave back -0.15 points, or -0.14%, and closed at 107.10 on Friday, May 22, 2026. FXE was trading at average weekly trading volume.

Long-term trend: [See FXE long-term trend chart]
A long-term uptrend had started on January 13, 2025 at 94.08 and reached 111.54 on January 27, 2026. FXE gained -17.46 points, or -18.56%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (113.61) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXE may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See FXE medium-term trend chart]
A medium-term downtrend had started on January 27, 2026 at 111.54 and reached 105.37 on March 13, 2026. FXE lost 6.17 points, or 5.53%, in 6 weeks. The price is now at the 28.04% retracement level.

Weekly Technical Indicators: [See FXE weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See FXE short-term trend chart]
A short-term downtrend had started on April 17, 2026 at 109.30 and reached 106.83 on May 21, 2026. FXE lost 2.47 points, or 2.26%, in 34 days. The price is now at the 10.93% retracement level.

Daily Technical Indicators: [See FXE daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since May 12, 2026. This is an indication that the short-term trend is down.

A Parabolic SAR (stop and reversal) indicator (107.75) comes close to the price (107.10). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.19
Williams' Percentage Range (W%R) 85.60
Oversold
Lane's Stochastic (%D-Slow) 16.49
Oversold
Greed/Fear Indicator (GFI) 23.36
Moving Average Converg./Diverg. (MACD) -0.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.22
Williams' Percentage Range (W%R) 71.80
Lane's Stochastic (%D-Slow) 64.44
Greed/Fear Indicator (GFI) 46.04
Moving Average Converg./Diverg. (MACD) 0.25
Trading Signals
Description Value Chart
Quarterly Trendline Support 113.61
Quarterly Trendline Resistance 112.91
Upper Bollinger Band 108.71
Weekly Stochastic Crossing 107.94
20 Day Moving Average 107.88
Parabolic System 107.75
50 Day Moving Average 107.53
Price 107.10
Daily Stochastic Crossing 107.03
Lower Bollinger Band 106.74
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 109.30
High Date 04/17/2026
Low 106.83
Low Date 05/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 105.37
Low Date 03/13/2026
High 109.30
High Date 04/17/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 111.54
High Date 01/27/2026
Low 105.37
Low Date 03/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 112.91
Support 113.61
Low 94.08
Low Date 01/13/2025
High 111.54
High Date 01/27/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 88.39
Low Date 09/27/2022
High 111.54
High Date 01/27/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.